Answer to Question #19380 in C++ for abdulla

Question

Write a C program that asks the user to enter the initial amount of money to be invested
in a saving account. The program should calculate the expected final balance at the end of
each year for a 5 year period.
The bank gives yearly interest of %8 for balance less than or equal BD5000, %10 for
balances greater than BD5000 and less than BD8000 and %12 for BD8000 and over.
The program should display the expected amount at the end of each year for five years.
NOTE: You must only use do-while loops to solve this problem.
Program Input/Output:
Enter the initial amount of money>1000.0
OUTPUT
At the end of year 1 the amount is 1080.000
At the end of year 2 the amount is 1166.400
At the end of year 3 the amount is 1259.712
At the end of year 4 the amount is 1360.489
At the end of year 5 the amount is 1469.328

Answer 1

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